Edison International (EIX) Q4 Earnings Lag Estimates

Core Viewpoint - Edison International reported quarterly earnings of $1.05 per share, missing the Zacks Consensus Estimate of $1.08 per share, and down from $1.28 per share a year ago, indicating an earnings surprise of -2.78% [1][2] Financial Performance - The company posted revenues of $3.98 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.86%, compared to $3.71 billion in the same quarter last year [2] - Over the last four quarters, Edison International has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - Edison International shares have declined approximately 34.1% since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] - The current consensus EPS estimate for the upcoming quarter is $1.37 on revenues of $4.24 billion, and for the current fiscal year, it is $5.76 on revenues of $17.94 billion [7] Industry Outlook - The Utility - Electric Power industry, to which Edison International belongs, is currently ranked in the bottom 49% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Edison International's stock performance [5][6]